Interestingly, the device has been tested with 4GB RAM and not 6GB as rumoured before. If the final product does end up with this feature, it will certainly upset Samsung phablet fans and this will also harm Samsung's reputation, considering the fact that the new device will be named Galaxy Note 7, instead of Note 6 as the successor of the Note 5.

However, we urge our readers not to jump the gun just yet, as the Galaxy Note 7 (SM-N930V) might be one of the many prototype models used by Samsung to test the performance.

Just a few days ago, another Galaxy Note 7 series device bearing model-number SM-N930F made a stop at Geekbench website. It had a 3GB RAM and Samsung's own Exynos series octa-core CPU.

It is believed that the final model will indeed boast 6GB RAM as it will get the Galaxy Note 7 on par with rivals such as OnePlus 3 and LeEco Max 2, among others.

Samsung Galaxy Note 7: What we know so far

As per numerous reports, Samsung's Galaxy Note 7 is expected be made of glass and metal combination with IP68 certifications.

In the front, it is said to sport a 5.7-inch QHD (2560x1440p) and come packed with Android 6.0.1 Marshmallow OS, 6GB RAM, 13MP dual-camera lens, 5MP front camera and USB Type C port.

The highlight of the Galaxy Note 7 is expected to be the Iris scanner, an advanced ocular-based biometric identification system, wherein the owner just needs to look at the device's front to unlock the device.

Word on the street is that the Galaxy Note 7 will come in two CPU models based on region of release. The one bound for America, Europe and China is expected to house Qualcomm's Snapdragon 821 processor, whereas the other bound for emerging markets like India and select Asia and African regions will feature the company's proprietary Exynos 8893 octa-core CPU.

Both the models will be offered in 64GB, 128GB and 256GB storage with option for expansion via micro SD card.

Samsung's Galaxy Note 7 is slated to be unveiled in the first week of August.